OPEN-SOURCE SCRIPT
Combo Backtest 123 Reversal & Prime Number Bands
This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Determining market trends has become a science even though a high number
or people still believe it’s a gambling game. Mathematicians, technicians,
brokers and investors have worked together in developing quite several
indicators to help them better understand and forecast market movements.
The Prime Number Bands indicator was developed by Modulus Financial Engineering
Inc. This indicator is charted by indentifying the highest and lowest prime number
in the neighborhood and plotting the two series as a band.
WARNING:
- For purpose educate only
- This script to change bars colors.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Determining market trends has become a science even though a high number
or people still believe it’s a gambling game. Mathematicians, technicians,
brokers and investors have worked together in developing quite several
indicators to help them better understand and forecast market movements.
The Prime Number Bands indicator was developed by Modulus Financial Engineering
Inc. This indicator is charted by indentifying the highest and lowest prime number
in the neighborhood and plotting the two series as a band.
WARNING:
- For purpose educate only
- This script to change bars colors.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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